Charles & Colvard, Ltd. (NASDAQ:CTHR) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report released on Sunday morning. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Down 3.9 %

NASDAQ:CTHR opened at $1.71 on Friday. The stock has a market capitalization of $5.33 million, a price-to-earnings ratio of -0.29 and a beta of 1.43. Charles & Colvard, Ltd. has a 52 week low of $1.51 and a 52 week high of $7.99. The firm has a 50 day moving average of $1.75 and a 200 day moving average of $2.43.

About Charles & Colvard, Ltd.

Charles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company operates in two segments, Online Channels and Traditional. It manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry under the Charles & Colvard Created Moissanite brand; and premium moissanite gemstones under the Forever One brand name.